Tennessee Code 4-41-104 – Authority to enter contractual and promotional agreements – Permitted expenditures
Current as of: 2024 | Check for updates
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[Effective until 7/1/2024, see T.C.A. 4-41-111]
The corporation may enter into contractual and promotional agreements necessary to effectively stimulate the program for the purposes of educating persons regarding the construction industry and recruiting persons for careers in the industry. The corporation‘s expenditures may include, but are not limited to, the following:
Terms Used In Tennessee Code 4-41-104
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Corporation: means a nonprofit corporation, which shall be properly incorporated under the laws of this state and approved by the United States internal revenue service as an organization that is exempt from federal income tax under Section 501(a) of the Internal Revenue Code (26 U. See Tennessee Code 4-41-102